Bill Pulte, the nation's top mortgage regulator, has called for a congressional investigation into Federal Reserve Chair Jerome Powell.

Trump, who has repeatedly slammed Powell over his unwillingness to slash interest rates, added that his nemesis “should resign immediately” if the investigation proves he misled

The director of the Federal Housing Finance Agency accused the Federal Reserve chair of lying to Congress in testimony about office renovations.

FHFA Director William Pulte demanded that Powell be probed by lawmakers and suggested he could even be fired by President Trump.

Key Takeaways The White House lobbed more criticism at Federal Reserve Chair Jerome Powell Thursday, accusing him of mismanaging a renovation of the central bank's headquarters.In recent months, Trump has blasted Powell because the Fed has held its key interest rate steady against the president's repeated demands to lower borrowing costs.

President Donald Trump has frequently voiced dissatisfaction with the Fed’s “wait-and-see" approach to lowering interest rates under Powell.